The Ministry of Land, Infrastructure and Transport said it has selected 10 projects in nine countries, including Kyrgyzstan, Mongolia, and Malaysia, as the 2022 project of the K-City Network, which supports the creation of smart cities in overseas cities and expands international cooperation.

The K-City network project, which began in 2020, has promoted 23 cooperative projects in 19 countries (21 cities) by 2021, and a total of 33 cooperative projects in 21 countries (31 cities) including selected projects this year.

This year's K-City network project was divided into ▲ Smart City Planning and ▲ Smart Solution Overseas Demonstration Project, and international competitions were held for two months from March, and a total of 33 projects were applied from 17 countries.

The final 10 projects were selected by comprehensively considering the feasibility of smart cities and the preparation status of the applied areas through a review committee composed of experts.

The smart city basic plan establishment project will provide KRW 300 million to 500 million for each project. Domestic companies will be selected to establish basic plans or conduct feasibility studies through cooperation with the target country.

Domestic companies to carry out the project plan to select companies with excellent technical skills and high local understanding due to the establishment of networks with the country understanding It will be announced about selection at the end of June and selected in July.

The government will provide 400 million won each for the two smart solution overseas demonstration projects, and Korean companies with technologies will demonstrate solutions locally and seek ways to spread them.

In order to effectively promote the K-City network project, the government will strengthen cooperation in the smart city field with foreign governments or cities, and actively support the project by holding workshops involving domestic and foreign experts and road shows to introduce technologies.

"The K-Smart City network project, which began in 2020, is now at the core of international cooperation in smart cities, and interest and response are high in overseas countries and cities," "We will support not only cooperation between governments but also an opportunity to expand overseas networks and promote technologies and products at the corporate level," said Kim Bok-hwan, an Urban Policy Director at the Ministry of Land, Infrastructure and Transport.

Meanwhile, the ministry plans to hold a conference with international organizations such as World Bank and IDB to discuss the effects and development of smart city cooperation with developing countries through the K-City network project in August this year.

Reported by Smart City Today